Fuel Price

CAIRO (Reuters) - Sudan's government will have a major cabinet reshuffle in the next two weeks, its first vice president said on Wednesday, a move apparently aimed at appeasing protesters after fuel price increases provoked the country's worst unrest in years. The government cut fuel subsidies to ease a financial crunch aggravated by the secession of oil-producing South Sudan in 2011. Pump prices doubled overnight and triggered violent protests in which dozens of people...

DUBAI (Reuters) - Iranians have rushed to gas stations to fill their cars before a price surge expected at midnight on Thursday, as President Hassan Rouhani pushes ahead with a policy to cut fuel subsidies. The new prices of subsidized petrol, diesel and compressed natural gas (CNG) have not been announced, but the increases will test Rouhani's support among a population battered by soaring inflation that has been exacerbated by economic sanctions. With memories of...

KATHMANDU (Reuters) - Maoist student activists led a partial strike in the Nepalese capital Kathmandu and stoned or set fire to a dozen vehicles on Wednesday, demanding that the newly elected government cancel a fuel price rise. State-run Nepal Oil Corporation (NOC) increased petrol and diesel prices by up to 7.6 percent earlier this week, saying the move was needed to reduce its losses. On Wednesday, the student protesters marched through the streets of the...

JAKARTA, June 17 (Reuters) - Indonesia's parliament approved compensation measures for the poor on Monday that the government has demanded before it would agree to cut costly fuel price subsidies which are blamed for undermining confidence in Southeast Asia's biggest economy. The decision to raise fuel prices, by an average 33 percent, rests with President Susilo Bambang Yudhoyono. Government officials have repeatedly stated that the price rises would ...

(Repeats to more services, no change to text) CARACAS, Dec 18 (Reuters) - President Nicolas Maduro said on Wednesday he was contemplating a three-year period to raise domestic fuel prices, a sensitive issue for Venezuela where a similar move helped spark deadly 1989 riots. "Without doubt, we have to correct a distortion," Maduro said of Venezuela's highly-subsidized gasoline that, at less than $0.02 per liter, is the cheapest in the world. "(There...

JAKARTA (Reuters) - Indonesia's Golkar Party has emerged from a policy fight over whether to raise subsidized fuel prices less tainted than its main coalition partner, the Democrat Party, and voters are likely to take note ahead of elections in 2014. A parliamentary vote on Friday to delay raising fuel prices by 33 percent and instead grant the government authority under certain conditions to raise prices later saddles President Susilo Bambang Yudhoyono's Democrat...

BRASILIA, Dec 8 (Reuters) - Brazil's state-run Petroleo Brasileiro SA could raise fuel prices next year using its new pricing formula, Chief Executive Maria das GraÃ§as Foster told a local newspaper in an interview published on Sunday. The Rio de Janeiro-based company, known as Petrobras, late last month raised fuel prices less than expected and announced it was adopting a new policy to adjust prices to be more in line with international ones. However,...

* Fuel prices to rise only if 15 pct fluctuation in ICP over six months * Fuel price rise will not happen on April 1 * Vote follows rowdy session in parliament * Police use water cannon, tear gas against protesters at parliament By Olivia Rondonuwu JAKARTA, March 31 (Reuters) - Indonesia's parliament voted on Saturday to give the government authority to raise subsidized fuel prices under certain conditions, a move that could boost ...

KHARTOUM, Dec 7 (Reuters) - Sudanese President Omar al-Bashir announced the resignation of First Vice President Ali Taha, state media reported on Saturday. "(He) resigned to make space for the youth and there are no conflicts between us," state media quoted Bashir as saying. Taha had announced in November that the government plans to carry out a major cabinet reshuffle, a move apparently aimed at appeasing protesters after fuel price increases...

By Edward McAllister NEW YORK, Dec 4 (Reuters) - A recovering economy and cheaper prices at the pump have boosted U.S. gasoline demand in recent months, following five years of decline, a change that some experts say could continue into 2014. The economic slowdown and expensive gasoline had forced motorists to drive less or buy smaller, more efficient cars since 2007, but consumption in the second half of this year has been back on the rise. ...

CAIRO (Reuters) - Sudan's government will have a major cabinet reshuffle in the next two weeks, its first vice president said on Wednesday, a move apparently aimed at appeasing protesters after fuel price increases provoked the country's worst unrest in years. The government cut fuel subsidies to ease a financial crunch aggravated by the secession of oil-producing South Sudan in 2011. Pump prices doubled overnight and triggered violent protests in which dozens of people...

SAO PAULO (Reuters) - Brazil's state-run oil company Petrobras said on Wednesday it has asked the government to return to a transparent domestic fuel pricing policy in the wake of the latest quarter of dismal earnings. Petrobras said in a market filing it has proposed a methodology to its government-controlled board that would automatically adjust domestic diesel and gasoline prices to international prices, without exposing local consumers to the volatility of...

JAKARTA, June 20 (Reuters) - Indonesia will raise gasoline and diesel prices starting on Saturday, the industry minister said, taking a small step to alleviate burdensome fuel subsidies that have undermined confidence in Southeast Asia's largest economy. "The fuel hike will be announced on Friday at midnight and effective after it is announced," M.S. Hidayat told reporters on Thursday. Under the government plan, approved by parliament this week, gasoline prices will...